£319,847
This estimated value is based upon the latest sale price for the house of £57,000 on 7 Apr 1995. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
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| Price Paid | Date |
|---|---|
| £57,000 | 7 Apr 1995 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 sq feet |
This model uses changes in the Official Land Registry House Price Index for CUMBRIA to estimate the market value.
When this house was purchased in April 1995 the House Price Index for CUMBRIA was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 461.137%.Applying this 461.137% change to the original purchase price of £57,000 results in an estimated price of approximately £319,847.
| 7 Apr 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 148.6 | 461.137 % | £57,000 | £262,847 | £319,847 |
The Postcode Pricing Model uses changes in average sales price within the CA14 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 416.886 % | £237,624 | £294,624 |
| 3 Month Average | 249.588 % | £142,264 | £199,264 |
| 6 Month Average | 287.110 % | £163,652 | £220,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £167,938 | £165,000 | 8 THIRLMERE AVENUE |
| 26 Apr 2023 | £167,807 | £166,000 | 8 ENNERDALE AVENUE |
| 3 Apr 2023 | £80,871 | £80,000 | 31A BANKLANDS |
| 27 Mar 2023 | £141,332 | £140,000 | 12 SCAWFELL AVENUE |
| 29 Sep 2022 | £163,877 | £165,200 | 19 ENNERDALE AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 17 Aug 2012. Using an estimated price of £319,848 means this house is valued at £3,439 per sq meter (£319 per sq foot).
The average size of a house on NEWLANDS LANE is 105 sq meters (1,134 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Craig Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newlands Gardens |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Newlands Gardens |
| Feb 2024 | Public order | Under investigation | On or near Newlands Gardens |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Newlands Gardens |